Global risks are rising, and many companies are struggling to adapt. The World Economic Forum’s 2025 Global Risks Report makes it clear that challenges like escalating global tensions and conflicts, climate change, economic instability, and supply chain disruptions are interconnected and build on one another. And they’re here to stay.

Meanwhile, President Donald Trump’s tariff threats are creating more unpredictability in global trade.

Companies—mostly medium-size and large companies—have no choice but to constantly adjust their strategies. For several companies in emerging markets, this way of thinking is second nature. Firms often operate in environments with fragile institutions, volatile currencies, unreliable infrastructure, and political instability. They have become used to designing strategies with turbulence in mind.

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